This Week
  • Schneiderman aiming to curb violations of mental health parity law.

  • Blue Cross Arena general manager Jeff Calkins draws top talent in a competitive market.

  • Twenty years ago, RIT pioneered one of today's top degree programs: software engineering.

  • Martino Flynn LLC plans to grow revenue by 5 percent to 10 percent this year.

  • Steve Glickman wants to infuse Rochester region with new ideas, perspectives.

  • The Schools Report Card has rankings for 27 districts and more than 250 schools.

HME announces quarterly dividend

Rochester Business Journal
October 26, 2010

Home Properties Inc. Tuesday afternoon declared a dividend of 58 cents a share on its common shares for the quarter ended Sept. 30.

The dividend is payable on Nov. 23 to shareholders of record on Nov. 12, and is equivalent to an annualized rate of $2.32 a share. The current annual dividend represents a 4.2 percent yield based on Monday’s closing price of $55.42. Home Properties’ common stock will begin trading ex-dividend on Nov. 9, officials said.

Shares of Home Properties (NYSE: HME) were trading Tuesday afternoon at $55.30, down 13 cents from Monday’s close. 

Home Properties is a Rochester-based apartment real estate investment trust with a portfolio of 115 apartment communities located mainly along the east coast.

(c) 2010 Rochester Business Journal. To obtain permission to reprint this article, call 585-546-8303 or e-mail service@rbj.net


What You're Saying 

There are no comments yet. Be the first to add yours!

Post Your Own Comment

 
Username:
Password:

Not registered? Sign up now!
 

To Do   Text Size
Post CommentPost A Comment eMail Size1
View CommentsView All Comments PrintPrint Size2
ReprintsReprints Size3
  • E-mailed
  • Commented
  • Viewed
RBJ   Google